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Haven't published on here in a while! Here's a simple set up on GBPAUD with lots of confluence pointing to a reversal. Here we see price rejecting both the 100 and 200 H4 averages at a significant area of support-resistance. The last H4 doji closure implies a bearish reversal, in which i expect price to fall to test the 1.86 psychological support level....
too ill to write description soz, looking for short if price rejects this level 3x on 1 hour timeframe
from the daily timeframe, this is a break and retest, a clear sign trade.
If price rejects on the Bearish OB H1 zone, the sell will be triggered and the tp will be on the next bullish OB who is the same with lower low of the structure
The pair is on a possible bearish correction point.
I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis on #GBPAUD a beautiful possible bearish harmonic bat pattern might complete soo to provide e with a reason to get in sell trade if the rules are met I always thank you so much for the time you spent...
broken and retested 15m trendline higher time frames very bullish
We consider buying this GBPAUD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
Hellooo...My Dragon Friends' My View at GBPAUD Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
After presenting rejection in strong resistance, the price could go to seek the ground in the liquidity zone
waited for a retest of the zone after break and continuation of downtrend. looks bearish to me in the long term as seen in the weekly chart
Bullish Indicators: 1) Bounced from the upward trendline 2) Support zone at 1.86056 3) Bullish engulfing Bearish Indicators: 1) Descending trendline 2) Resistance at 1.87723 Plan A: One can buy from here for the target of 1.88459 Plan B: On the breaking of upward trendline one can sell for the target of 1.85340 where the major support lies.
Hello traders. GBPAUD is currently within a corrective structure. So once the corrective structure is complete, we can take sells. Wait for the break before selling. Trade with care.
Waiting for price to get into the supply zone before looking for sell opportunities on lower time frames.
We are long on GBPAUD, H1 macd is now bullish @Miwealth, we make use of a wide arrange of strategies tools and reports to predict market movement, we are in nature attempting to trade the impulsive moves or larger correction in price, we therefore make use of fundamental analysis mainly using COT report analysis and overall market conditions such as market...
#GBPAUD DAILY FRAME CHART OUTLOOK The market is moving in a bearish channel after touching the resistance area it goes down towards support area SELL!